I develop my own fairly sophisticated software programs for direct mail, texting, emails and telemarketing.

Developers are very sophisticated and will just wait you out knowing you can’t close so the best strategy is to get the property under contract well below market with a contingency on getting all entitlements as developers will not close on the land until all entitlements have been granted.The key is you need to have a very compelling reason for a developer or end buyer to pay you for the contract.

Very straight forward been using it for years no need for anything more sophisticated (complicated).

Typcially in the commercial space, it's going to be a different kind of buyer than in sfr. mfr buyers are more sophisticated and are investors.

I also had to bring in my partners to help me finish the project as I was working with a more sophisticated clientele on the high-end rehab and needed their guidance on the finish out of the property.We are 98% complete with the rehab and my partner-realtor is listing the property this Friday.

There's a difference between a sophisticated investors and merely an accredited one.

First of all, you should be using reasonably sophisticated ways at purchasing a property at the best price possible.

As for being a contractor, you need to figure out all of your overhead: labor, workman's compensation insurances, payroll & sales taxes,  general liability insurance, truck expenses, tool expenses, office consumables, advertising etc.

@Geoff Livingstone you have things like payroll, admin, Grounds Maintenance, mgmt. fees, Utilities, trash, insurance, taxes, legal, accounting, etc. this is not a complete list but should give you a place to start.

I really like your business approach, it seems a more elevated and sophisticated way of doing business (which has not at all been my experience with realtors in SoCal and I'm talking like 5-10 of them.